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Trump’s ‘dreadful space’ in Chicago is the Windy City’s ‘biggest’ retail space failure

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President Donald Trump is responsible for the “biggest failure” in Chicago retail space development, The Real Deal, which focuses on the city’s real estate news, reported on Wednesday.

The publication interviewed Leslie Karr, a senior vice president for retail at SVN Chicago Commercial.

Karr said she examined the plan for riverfront retail space at the tower’s base with Trump Organization executive Charles Kaplan before the 2005 groundbreaking.

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“The way it’s designed now, it’s never going to lease up,” Karr reportedly predicted at the time.

In retrospect, she was correct.

“It’s a dreadful space,” Karr explained. “You could have some kind of luxury call center there, or maybe a high-end med spa, but not at the prices they were asking.”

“A decade after the tower opened in 2009, it has just one retail tenant, a salon that occupies an enclosed 3,400-square-foot suite above the hotel lobby,” they reported. “The entire deck-level space remains empty, its blank beige walls on full display for the millions of tourists who stroll along the river each year. No part of it has ever been leased, according to Trump Organization tax appeal documents filed in Cook County and analyzed by The Real Deal.”

“Trump Tower’s failure is an outlier in Chicago’s competitive retail market, where no comparable space has languished on the market for nearly this long,” The Real Deal added.

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Efforts to brand the space with Trump’s name have failed — as have similar efforts to brand the space without Trump.


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WATCH: Republicans throw tantrum and call Chairman Nadler a ‘dictator’ for announcing Friday vote on impeachment

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Republicans freaked out on Thursday after Chairman Jerry Nadler announced that the House Judiciary Committee will be holding a Friday vote on the two articles of impeachment against President Donald Trump.

After 11 p.m. on Thursday, Nadler announced that the committee would resume its work and vote on impeachment on Friday.

The Chairman announced he would divide the issue and allow separate votes on each article of impeachment at 10 a.m. on Friday.

Rep. Doug Collins (R-GA) freaked out over the vote being called, even though Democrats had repeatedly said through the two-day hearing that there would be a vote before members left for the weekend.

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Mitch McConnell says he’s in ‘total coordination with the White House’ on Trump’s impeachment

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Senate Majority Leader Mitch McConnell said clearly on Thursday what many have assumed: When articles of impeachment come over from the House of Representatives, as is expected, to his chamber, he will be acting virtually as President Donald Trump’s defense attorney.

“Everything I do during this, I’m coordinating with White House counsel,” he said on Sean Hannity’s Fox News show. “There will be no difference between the President’s position and our position as to how to handle this.”

He noted that, unlike the many other issues that come to his chamber, he’s unable to block impeachment. If it comes, he has to hold a trial, he admitted somewhat ruefully.

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UK’s Boris Johnson looks set for big win in ‘Brexit election’

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Prime Minister Boris Johnson's ruling party appeared on course for a sweeping victory in Thursday's snap election, an exit poll showed, paving the way for Britain to leave the EU next month after years of political deadlock.

The Conservatives were forecast to win a thumping 368 out of 650 seats in parliament -- which if confirmed would be the party's biggest majority in three decades -- according to the survey published as polls closed.

The pound jumped by about two percent against the dollar on the projected results of what all sides had painted as the most momentous election in Britain in a generation.

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